SelIing Stock to Buy Servers!
by Mike Levin SEO & Datamaster, 06/14/2007
Facebook forced to sell stake after ‘hardware stuff-up’ – The networking site had to dilute its holding by 10 per cent after realising it hadn’t bought enough servers to cope with its expansion – The owners of Facebook, the fast growing social network, were forced to sell a significant share …
Source: Times of London
Author: Jonathan Richards